Hot-rolled coil prices in the United States remain near an all-time high, supported by growing concerns among market participants that supply will be limited until at least the third quarter.
Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $64.98 per hundredweight ($1,299.60 per short ton) on Friday March 19, down by 0.40% from a record $65.24 per cwt on Thursday March 18 but up by 1.14% from $64.25 per cwt one week earlier. Fresh inputs were received across the...